Ongoing

It’s ‘Slow Going’ in Mexico’s Shale Gas Patch

In Mexico there is no debate about shale gas having potential, but there is an ongoing discussion in the federal government concerning whether to focus on finding out exactly what that potential might be. A relatively new government body, the National Commission for Hydrocarbons (CNH), is pushing other parts of the federal government to pursue a more diversified energy strategy.

September 13, 2011

Norse Readies for Release of New York Fracking Rules

Norse Energy Corp. ASA, which early in the year had sent notices of force majeure in response to New York’s ban on permitting for drilling operations involving hydraulic fracturing (fracking), has reallocated resources to focus on Marcellus and Utica shale development in anticipation of new rules allowing the use of fracking in the state, the company said Tuesday.

August 12, 2011

New EPA Rules Focus of Edison Merchant Challenges

Preparing to operate within the new, stiffer federal emissions restrictions is the major focus of Edison International’s ongoing attempt to extract value from its largely coal-fired fleet of Midwest and Eastern merchant power plants, officials said Thursday.

August 8, 2011

Woodford Shale Liquids Lift Atlas Pipeline Partners Volumes

The ongoing expansion of Atlas Pipeline Partners LP’s (APL) Velma system and similar projects on the partnership’s other systems must be completed before it can take on all of the production coming its way, APL said Tuesday.

August 4, 2011

Traders Hint at Seasonal Low; August Inches Higher

August natural gas futures treaded water Friday in spite of ongoing oppressive heat and trader perceptions that the market may have put in an important seasonal low. At the close August had risen 0.4 cent to $4.399 and September had added 0.8 cent to $4.370. September crude oil gained 74 cents to $99.87/bbl.

July 25, 2011

Exxon Joins Force Majeure Ranks in New York

ExxonMobil Corp. is declaring force majeure on its leases in New York, citing ongoing permitting delays.

July 13, 2011

Congressional Natural Gas Caucus Critical of EPA Actions

The Environmental Protection Agency (EPA) has overstepped its jurisdiction in Pennsylvania and should leave regulation of oil and gas to state officials, according to some members of Congress.

June 9, 2011

Arkansas Disposal Well Shut-In Extended

The operators of two natural gas drilling waste disposal wells in Arkansas have agreed with regulators to keep the wells shut in while an ongoing study of their potential link to seismic activity in the area continues (see Shale Daily, March 17).

May 24, 2011

Price Slide Gets Steeper, Expands to All Points

Price drops got larger and occurred across the board Thursday after several instances of firmness had remained a day earlier. An ongoing moderation of temperatures in northern market areas combined with a prior-day dip of 9.3 cents by prompt-month futures to further the cash market weakness.

May 6, 2011

Weather, Storage, Screen Woes Weaken Nearly All Points

Where is rising gas supply supposed to go? New and ongoing restrictions on storage injections, moderate springtime weather being prevalent and a five-day string of futures losses pressured the cash market into losses at nearly all points Friday. The usual weekend decline of industrial load was an additional, albeit minor, bearish factor.

April 11, 2011
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